Chapter 2 test

all businesses approach ethics the same way

false

ethical decision making begins in the marketing department

false

The highest level of the corporate social responsibility pyramid is

philanthropic responsibilities

Which of the following statements about utilitarianism is true

utilitarianism is designed to create both winners and losers

------is the practice of charitable giving by corporation includes contributing cash donating Equipment and products and supporting the volunteers' efforts of company employees

corporate philanthropy

______Is the practice of limiting investments to securities in companies that behave in accordance with the investor's beliefs about ethical and social responsibility

social investing

Social responsibility goes beyond obligations provided by law or union contract two important aspects of social responsibility are that the obligation in both

voluntary and broad

Which of the following is an example of unethical business activity

All of the above are example of unethical business activities

Music Techer Question

Code of ethics

The Chubb Group Question

Coporate philanthropy

Ethics training programs typically teach how to disguise unethical behavior and not how to avoid unethical behavior

False

To be a useful code of ethics, the code should offer broad policies and procedures rather than detailed rules.

False

during a two-month period Lardo commercial SA the manufacturer of handcrafted porcelains donated ten percent of its retail profits to the Susan G Komen Breast Cancer Foundation the action was legal and ethical and allowed the company to still be profitable according to the pyramid of corporate social responsibility it was acting at the ------- responsibilities level

Philanthropic

US Steel Question

Social Responsibility

Alonzo Dwork Question

Social investing

Social Responsibility should extend beyond the shareholders to include

all of the above

which of the following would be stakeholders for a manufacturer of agricultural pesticides

all of the above

In the 21st century we define justice as

an equitable distribution of the burdens and rewards that society has to offer

is defined as the corporation's responsibility to satisfy the needs of its investors

can be either a cash or noncash donation

At the base of the corporate social responsibility pyramid is

economic responsibilities

a company can only be concerned about its _______ responsibilities once it has met its economic and legal responsibilities

ethical

one of the keys to ethical business behavior is

how the company's top management conducts themselves

another factor influencing ethics is ______ or what is fair according to prevailing standards of society

justice

Many weight-loss programs advertise that they can help individuals lose a great deal of weight without any changes in the individual's lifestyle. Typically when the person who has lost the weight leaves the program, he or she regains all the lost weight. This yo-yoing is almost as bad for the body as the excess weight. These weight-loss programs are engaged in _____ behavior.

legal but responsible

which of the following statements about human rights is true

none of the above statements about individual rights is true

a company has achieved the level of ____ responsibilities when it has met its ethical legal and economic responsibilities

philanthropic

Home Depot Question

strategic giving

Which of the following is an example of an ethical business activity

the employee reported to his supervisors that a coworker had misappropriated company funds

It is a firm's responsibility to its customers to deliver what it has promised.

true

Social Responsibility is a voluntary obligation

true

The most basic responsibility of all businesses is its economic responsibility.

true

an organizations first responsibility is to provide a job to its employees

true

_____is the set of moral standards for judging whether something is right or wrong

Ethics

which of the following statements about ethics training is true

Ethics training is Fromal training to develop awareness of inappropriate behavior and to practice appropriate responses

Walmart question

Social responsibility

____Is the concern of businesses for the welfare of society as a whole

Social responsibility

______are all the individuals or groups to whom a business has a responsibility

Stakeholders

_______is the practice of trying philanthropy closely to the corporate mission or goals and targeting donations to regions where a company operates

Strategic giving

businesses engage in Enviromental protection activities to show their responsibility to their general public stakeholders

true

human rights include an individual's right to life to freedom and the pursuit of happiness

true

the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society

true

Mamma's Diner was a small restaurant that was a popular hangout for many Bedford College students, but because of the owner's inability to make the bathroom stalls handicapped accessible for the one wheel-chair student on campus, it was forced to close down. The belief that this it was morally wrong to deprive the majority of the people of this experience is an expression of the philosophy associated with:

utilitarianism

______is a philosophy that focuses on the consequences of an action to determine whether it is right or wrong this philosophy holds that an action that affects the major adversity is morally wrong

utilitarianism